, Milton Keynes
, MK17 8GX Ref: TSOS000669We are excited to announce the release of the first phase of shared ownership houses at Morton Park, Wavendon, Milton Keynes. Register your interest now to ensure you don’t miss out.
The Fairford is a three-bedroom terraced house with two allocated parking spaces and in brief comprises of: hallway with access to the kitchen, cloakroom and lounge/diner (with french doors to rear garden), three bedrooms and a family bathroom.
Shared ownership provides an affordable way for you to become a homeowner, by buying a share in a new home and paying a subsidised rent on the remaining share. You can then purchase further shares in your home, up to 100%, which we call "staircasing". As further shares are purchased the rent reduces accordingly.
Examples of the rent charges are shown below:
40% share (£136,000) Rent £467.50 pm
Based on a Full Market Value of £340,000
Plus, you will pay a service charge of £49.28 per month (to include buildings insurance)
You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.
Morton Park is located on the edge of the popular village location of Wavendon, yet within 10 minutes drive of Milton Keynes, these homes offer a good lifestyle balance.
Boasting easy access to a range of essential amenities, shopping, education facilities and leisure activities, Wavendon has everything you need in a cosmopolitan environment but also offers countryside and a village lifestyle.
Transport connections are unrivalled, with the M1 and A421 just moments away and London accessible by train in just 35 minutes from Central Milton Keynes.
Price shown is for a 40% share.
Images are for Illustration purposes only. Due to the nature of construction, room sizes may vary. These dimensions are not intended to be used for carpet sizes.